Long position for GBPJPY
Based on my analysis I'm looking for price to move up into the 158.943 area. Setting stops below 157.800. GBPJPY has been having continuous bullish momentum. After price retested the previous high around 157.370 and came back above the low residing at 157.670, that was a good sign price was ready to continue upwards. With the current trend in place we should see some decent bullish movement if price taps above 158.200. Good Luck traders.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.